VESON HLDG 01399·

Gross margin ------------------------------------------------------------7.26%--7.18%0.08%6.81%0.37%7.09%0.27%7.56%0.48% Net margin ------------------------------------------------------------0.54%--0.32%0.23%0.23%0.08%-0.19%0.42%0.30%0.49% ROE ------------------------------------------------------------3.99%--2.25%1.74%1.84%0.40%-1.12%2.96%1.96%3.08% ROA ------------------------------------------------------------0.69%--0.40%0.29%0.29%0.11%-0.23%0.52%0.36%0.59% Revenue growth -----------------------------------------------------------------10.33%---3.37%6.96%-13.02%9.66%-2.23%10.79% Attributable profit growth -----------------------------------------------------------------43.01%---16.34%26.67%-159.58%143.23%279.82%439.40% Debt-to-assets ------------------------------------------------------------80.97%--78.79%2.18%77.70%1.09%75.10%2.60%74.70%0.40% Current ratio ------------------------------------------------------------1.09--1.110.021.140.031.170.031.270.10 Operating cash flow / net profit ------------------------------------------------------------3.96---8.8612.83-7.181.68-25.7618.585.2931.05 Operating cash flow / revenue ------------------------------------------------------------2.16%---2.80%4.95%-1.66%1.14%4.79%6.45%1.60%3.19%

Gross margin 7.49%--6.48%1.02% Net margin -0.79%--0.74%1.53% Revenue growth ----16.06%-- Attributable profit growth ----247.41%-- Debt-to-assets ----74.41%-- Current ratio ----1.36-- Operating cash flow / net profit 8.44---5.5714.01 Operating cash flow / revenue -6.69%---4.10%2.59%

Revenue ------------------------------------------------------------7.09B--6.36B10.33%6.15B3.37%5.34B13.02%5.23B2.23% Gross profit ------------------------------------------------------------514.69M--456.71M11.26%418.78M8.30%378.84M9.54%395.30M4.35% Selling and distribution expenses ------------------------------------------------------------92.75M--94.67M2.06%83.16M12.16%66.19M20.40%65.62M0.86% Administrative expenses ------------------------------------------------------------332.71M--294.72M11.42%265.68M9.85%245.72M7.51%249.84M1.67% Net finance costs ------------------------------------------------------------77.53M--77.78M0.33%71.34M8.28%65.93M7.58%52.04M21.07% Income tax ------------------------------------------------------------25.94M--6.84M73.64%3.30M51.74%5.10M54.71%12.31M141.11% Operating profit ------------------------------------------------------------142.02M--104.68M26.29%82.26M21.42%61.10M25.72%80.17M31.21% Profit before tax ------------------------------------------------------------64.50M--26.90M58.29%10.91M59.43%-4.83M144.28%28.13M682.02% Net profit ------------------------------------------------------------38.56M--20.07M47.96%14.21M29.16%-9.94M169.91%15.82M259.23% Net profit attributable to owners ------------------------------------------------------------42.18M--24.04M43.01%20.11M16.34%-11.98M159.58%21.54M279.82%

Revenue 2.38B--2.76B16.06% Other income and gains 13.04M--17.69M35.58% Cost of sales 2.20B--2.58B17.34% Gross profit 178.38M--178.93M0.31% Selling and distribution expenses 35.26M--26.79M24.03% Administrative expenses 137.73M--126.84M7.90% Net finance costs 26.29M--22.17M15.67% Income tax 2.64M--4.95M87.57% Profit before tax -16.23M--25.26M255.64% Net profit -18.87M--20.32M207.66% Net profit attributable to owners -14.47M--21.33M247.41%

Cash and cash equivalents --------------------------------------------------------------------133.82M--332.96M148.80%187.82M43.59% Trade and bills receivables ------------------------------------------------------------2.50B--1.96B21.58%2.33B18.46%1.66B28.44%1.70B2.07% Inventories ------------------------------------------------------------553.04M--787.28M42.35%574.07M27.08%542.85M5.44%512.70M5.55% Total current assets ------------------------------------------------------------4.54B--4.04B10.90%4.00B1.03%3.58B10.47%3.60B0.51% Total assets ------------------------------------------------------------5.58B--5.04B9.63%4.87B3.40%4.37B10.30%4.37B0.14% Total current liabilities ------------------------------------------------------------4.18B--3.65B12.74%3.51B3.78%3.06B12.95%2.83B7.52% Total liabilities ------------------------------------------------------------4.52B--3.97B12.06%3.78B4.73%3.28B13.30%3.27B0.40% Equity attributable to owners ------------------------------------------------------------1.06B--1.07B1.19%1.09B1.99%1.07B1.68%1.10B2.32% Total equity ------------------------------------------------------------1.06B--1.07B0.74%1.09B1.57%1.09B0.16%1.11B1.76%

Cash and cash equivalents ----72.21M-- Trade and bills receivables ----1.78B-- Inventories ----659.89M-- Total current assets ----3.65B-- Total assets ----4.41B-- Total current liabilities ----2.68B-- Total liabilities ----3.28B-- Equity attributable to owners ----1.12B-- Total equity ----1.13B--

Net cash from operating activities ------------------------------------------------------------152.87M---177.85M216.35%-102.10M42.59%256.00M350.73%83.74M67.29% Net cash from investing activities -------------------------------------------------------------392.91M--224.81M157.22%-11.66M105.19%89.23M865.35%-96.78M208.46% Net cash from financing activities ------------------------------------------------------------252.22M---58.82M123.32%42.05M171.49%-140.59M434.31%-135.44M3.66% Net change in cash ------------------------------------------------------------12.17M---11.86M197.45%-71.71M504.52%204.65M385.39%-148.48M172.56%

Net cash from operating activities -159.21M---113.23M28.88% Net cash from investing activities 75.09M---19.81M126.38% Net cash from financing activities -100.60M--15.09M115.00% Net change in cash -184.72M---117.94M36.15%